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China Left The US Because of This
During the 2008-2009 recession, the US lost a lot of credibility with China. When the US began to recover, they implemented a recovery program that included tax cuts. However, China invested heavily in infrastructure, including tens of thousands of kilometers of high-speed rail. As a result, China emerged from the recession in a stronger position than the United States.
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Will The US Lose Its Global Dominance? | General Wesley Clark.
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